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Top News In கெண்டிங் மலேசியா ப்ட் Today - Breaking & Trending Today

Encouraging 4Q earnings paint a brighter outlook for 2021


THE earnings season for the fourth and final quarter of 2020 has yet to come to an end a one-month extension was given by the regulators as a temporary relief measure because of the Covid-19 pandemic but based on companies that have already submitted their reports, results are encouraging.
A quick look at 270 listed companies on Bursa Malaysia with a market capitalisation of RM500 million or more shows that 151 recorded an improvement in quarterly earnings while 119 reported a decline.
RHB Research, in a March 2 strategy note, describes the December 2020 quarter as encouraging, with 2021-2022 forecast core earnings still largely intact notwithstanding a last-minute RM2.83 billion global settlement provision by AMMB Holdings Bhd and excluding positive earnings revisions for rubber glove stocks. ....

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Genting Bhd, Genting Malaysia trade ex-dividend

Genting Bhd and Genting Malaysia Bhd's share prices rose today from their readjusted ex-dividend closing share prices yesterday as both companies' shares trade ex-dividend today. ....

Kuala Lumpur , Genting Bhd , Genting Malaysia Bhd , Genting Malaysia , குவாலா லம்பூர் , கெண்டிங் ப்ட் , கெண்டிங் மலேசியா ப்ட் , கெண்டிங் மலேசியா ,

Genting Malaysia buys back shares while stock price hits 13-month high

Genting Malaysia Bhd (GenM) bought back two million shares on the open market today as the casino operator’s share price climbed to a 13-month high of RM3.15. The block of shares was purchased in the price range between RM3.15 and RM3.16, translating into a total of about RM6.31 million, according to a filing with the local stock exchange today ....

Kuala Lumpur , Genting Malaysia Bhd , குவாலா லம்பூர் , கெண்டிங் மலேசியா ப்ட் ,

FBM KLCI closes 0.73% higher on gains from PetChem, GenM, Axiata


The benchmark index rose to 1,611.81 points at the closing bell.
PetChem was among the top gainers today, rising by 6.78% or 53 sen to RM8.35, with a market value of RM66.8 billion. Meanwhile, shares in GenM closed 4.05% or 12 sen higher at RM3.08, valuing it at RM18.29 billion with Axiata finishing the trading day 4.08% or 14 sen higher at RM3.57, translating into a market valuation of RM32.74 billion.
In a note today, TA Securities Research said the technical trend and momentum indicators for the FBM KLCI have improved significantly following last week’s rebound.
“With economic recovery plays gaining traction on reopening optimism, sectors deemed to benefit most from reopening of the domestic economy such as banking, gaming, property, oil and gas, and transportation should continue to perform well. ....

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